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Backup Offers

724 Cactus Ave, Panama City, FL, 32401

$179,000

Home List Price

$2,126*

Closing Credit

4 Bedrooms
2 Full Baths
1,396 SqFt
$128/SqFt
House
Schools Nearby

Location

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724 Cactus Ave, Panama City$179,000

Buyer Closing Credits

$2,126*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Unpaved
Year Built1952
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #751469
Lot Size0.23 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 724 Cactus Ave

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDR BACK UP OFFERS. Remodeled home for a family needing extra space OR as an investment property for passive income. This four-bedroom/two-bath home in Panama City close to Watson Bayou features an oversized great room plus a bonus area located just inside the front door. The entry area space could be used for dining or as an office/man cave. The solid block home has been completely renovated and updated to include NEW LVP flooring, all kitchen appliances, double sink, backsplash and light fixtures, HVAC, water heater, hall bath vanity, toilet and tub/shower, new vanity and light fixtures in the Jack & Jill bathroom, interior paint, ceiling fans, drywall on walls/ceilings, electrical and plumbing upgrades and the metal roof was installed in 2019. The property has beautiful mature live oak trees and is on the less populated end of Cactus Ave and close to everything downtown Panama City and Tyndall Parkway have to offer! Don't let this one slip away - schedule your tour today! *Dimensions approximate please verify if important.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1952
  • Living Area: 1,396 SqFt

Listing Office:

  • Office Name: Epique Realty Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: New Paint, Remodeled

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence, Porch

Parking Information:

  • Parking: Driveway, Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Oscar Patterson Elementary Magnet, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From MLK JR/HWY 77 S, turn left (East) onto 11th St then right onto Bay Ave (South), then left onto East 9th St, and right onto Cactus Ave. Home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,000
  • Price Per SqFt: $128/SqFt

Tax Information:

  • Annual Amount: $1,138
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

724 Cactus Ave vs Panama City

91 DAYS ON ROCKET

+9 Days

$179,000

-$168.1K Less

$128/SqFt

-$76 Less

KEY TAKEAWAY

This property is $168.1K less than the Median Sold Price and $76/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #751469

Listing Office:

  • Office Name: Epique Realty Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 21, 2009Home Sold
$39,000
Aug 16, 1999Home Sold
$41,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,138$56,235
2018$921$60,856
2017$1,023$68,277

History based on county public records data.

Payment Calculator

$961

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$603

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2493184
2
/10

  • Oscar Patterson Elementary Magnet

  • 1025 Redwood Ave

  • 0.21 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2493185
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 1.82 miles

  • Public District Grades 6-8

High School

school-card-donut-2493186
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 1.35 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,921. The most common annual income of people living in Panama City, FL is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 724 Cactus Ave

What is the listing price of this property?

The listing price of 724 Cactus Ave property is $179,000.

What type of property is this?

The property 724 Cactus Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Accepting Backup Offers: 724 Cactus Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 724 Cactus Ave are:
Oscar Patterson Elementary Magnet: GreatSchools Rating 2/10
Jinks Middle School: GreatSchools Rating 4/10
Bay High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,138 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 21, 2009 for $39,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 724 Cactus Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 724 Cactus Ave is 1,396 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 724 Cactus Ave is 1952.

Rocket Homes›Florida›Bay County›Panama City›32401›724 Cactus Ave

This home is located at 724 Cactus Ave in Panama City, FL and zip code 32401 in the Old Orchard neighborhood. This 1,396 square foot home, which was built in 1952, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 28, 2024 and is currently priced at $179,000.

Over 13 listings were sold over their listed price in March 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 63 listings were sold for the listed price. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. Listings spent 82 days on the market in March 2024, and had a median list price of $347,126 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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